Skip to main content
NSE - SMEListed
Goyal Salt Limited Logo

Goyal Salt Limited IPO

Goyal Salt Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:
Listed Price: ₹ 130.00 (+242.11%)

Goyal Salt Limited's achieved publicly listed status following its IPO debut on 11-10-2023 at the NSE platform. The offering successfully mobilized 49,02,000 Shares, with 49,02,000 Shares allocated to corporate growth initiatives.

Investment participation occurred within the established price band of ₹36 to ₹38, starting from minimum lots of 3000 shares. The subscription window from 26-09-2023 through 03-10-2023 enabled investor participation across market segments.

Share allocation was completed on 06-10-2023, determining ownership distribution among successful applicants. The listing represents a milestone achievement, transitioning the company to regulated public market status with associated responsibilities and opportunities.

Goyal Salt IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Goyal Salt IPO Key Performance Indicator
Company Financials ( in ₹ Lakhs )

Goyal Salt IPO About Company

Incorporated in 2010, Goyal Salt Limited is engaged in refining raw salt into various industrial and edible salt products. The company offers triple-refined free-flow iodized salt, industrial salt, double-fortified salt, and triple-refined half-dry salt, catering to sectors like soap, detergents, textiles, dyeing, glass, polyester, plastics, rubber, leather, and chemicals. It sources around 75% of raw salt from the open market, while the remaining is supplied by promoter-controlled entities and its own salt harvesting land. The refinery is located at Nawa City near Sambhar Lake, spread across 1.45 hectares, with an additional 18.66 hectares leased for salt harvesting. The company recorded revenue of Rs. 6,005.30 lakhs in FY 2022-23.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Goyal Salt IPO Strength Factors

NA


Goyal Salt IPO Risk Factors

NA


Goyal Salt IPO Lead Manager(s)

  • Holani Consultants Private Limited

Goyal Salt IPO Promoter(s)

  1. Mr. Rajesh Goyal
  2. Mr. Pramesh Goyal
  3. Mr. Lokesh Goyal
  4. Ms. Radhika Goyal
  5. Ms. Priyanka Goyal
  6. Ms. Rekha Goyal
  7. Kunj Bihari Goyal HUF
  8. Rajesh Goyal HUF
  9. Parmesh Goyal HUF
  10. Lokesh Goyal HUF

Goyal Salt IPO Company Details

Goyal Salt Limited
Phone:
address:

Goyal Salt IPO Registrar

Bigshare Services Private Limited
Name:
Phone:

Goyal Salt IPO FAQs